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NEW REPORT: A fresh impetus for wind power in Latin America
![NEW REPORT: A fresh impetus for wind power in Latin America](https://cdnimg.bnamericas.com/mRMfGAuMSKZMOAPEEGYtHRklTsTzcJDWHQaWKjopDJPRTlZiRohengXIizWiQJwp.jpg)
Wind power in Latin America and the Caribbean has experienced exponential growth since the region's first commercial wind farm began operating in Costa Rica in 1996.
Adoption was initially slow but investment in new projects has risen sharply over the past 15 years, spurred by government incentives for renewable energy and falling technology costs.
SEE THE FULL REPORT HERE
Brazil has emerged as a regional leader, capitalizing on its vast wind resources and the pro-market policies of successive governments. The country now has 31GW of installed wind capacity spread among more than 1,000 wind farms.
Mexico's wind sector advanced rapidly on the back of sweeping 2013 energy reforms before stalling under the statist approach of outgoing President Andrés Manuel López Obrador. There is hope that change could be in the offing under President-elect Claudia Sheinbaum, an environmentalist and clean energy advocate.
Argentina, Chile, and Uruguay, meanwhile, have witnessed encouraging progress, each contributing to a diversified regional power market.
Challenges such as grid stability, permitting bottlenecks and financing barriers persist, though they are being addressed to varying degrees of success through innovation and policy frameworks.
An increasingly important driver of new wind power investment is the nascent green hydrogen segment. Producers of green hydrogen require large volumes of renewable energy, and wind projects – especially offshore developments – are seen as ideal contributors because of their scalability.
In addition, excess power supply from wind farms can be used to produce clean hydrogen, which in turn can be stored and converted back to electricity via fuel cells or combustion in gas turbines.
It is against this backdrop that wind power is now a pivotal component of the region's collective strategy to meet rising energy demand while achieving its carbon reduction goals.
The full report can be seen here
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News in: Electric Power (Mexico)
!['Emblematic of the degradation of the sector' – Mexico's energy firms prepare for life without independent regulators](https://cdn-www.bnamericas.com/img/sectors/electricpower_1.jpg)
'Emblematic of the degradation of the sector' – Mexico's energy firms prepare for life without independent regulators
BNamericas discusses the proposed reforms to Mexico's energy regulators with Jeremy Martin, vice president for energy and sustainability at the Ins...
![Mexico's Querétaro state to offer subsidies for renewable distributed generation](https://cdn-www.bnamericas.com/img/sectors/electricpower_2.jpg)
Mexico's Querétaro state to offer subsidies for renewable distributed generation
No timetable has been set for the introduction of subsidies, which will apply to distributed generation facilities of up to 0.5MW.
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Other projects in: Electric Power (Mexico)
Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.
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Other companies in: Electric Power (Mexico)
Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.
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The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
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The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
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Enel Green Power México S. de R.L. de C.V. is the local subsidiary of Italian firm Enel Green Power S.p.A. It is engaged in the development and management of power generation pr...
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The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
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The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...